Technology
Proton Motor Power launches new large generation pack
Fuel cell and electric hybrid technology developer Proton Motor Power Systems announced the launch of a large power generation pack on Monday, based on its ‘PM’ module, producing 90 kW of gross power.
Eden Research first-half loss set to narrow to £1.3m
Biopesticides and animal health company Eden Research said in a trading update on Monday that it was expecting half-year revenue to have risen 33% year-on-year to £1m, adding that it was on track to meet its full-year guidance of £1. 4m.
Director dealings: TMT board members buy shares at serious discount
Technology-focussed venture capital firm TMT Investments disclosed a number of share purchases made by board members on Friday.
Nanoco confident as Samsung litigation moves to trial
Quantum dots and nanomaterials developer Nanoco announced the start of the pre-trial conference in its litigation against Samsung on Friday, for the “willful infringement” of its intellectual property.
Advanced Oncotherapy raises another £1.47m as it advances 'LIGHT' system
Proton therapy developer Advanced Oncotherapy announced it was raising £1. 47m through a direct subscription on Friday, to fund its corporate activities as it moves its ‘LIGHT’ system towards full operation.
Kinovo shares surge on solid full-year results
Property services provider Kinovo reported a 35% improvement in full-year revenue from continuing operations on Friday, to £53. 3m.
Made Tech flags solid growth in year just ended
Public-sector focussed data and technology service provider Made Tech said its revenue for the financial year recently ended was ahead 120% in a trading update on Friday, at £29. 3m.
Smoove renews contract with Lloyds Banking Group
Home moving and ownership technology and service provider Smoove has re-contracted with Lloyds Banking Group, it announced on Friday, for the provision of conveyancing services for a further two years.
Volex reiterates guidance after 'strong' first quarter
Power products and manufacturing services provider Volex said in a trading update on Friday that its first-quarter performance was “strong”, in line with management expectations and its new, five-year growth plan.
FCA warns buy-now-pay-later firms to get their promotions in order
The Financial Conduct Authority warned buy-now-pay-later firms that its products needed to comply with financial promotion rules on Friday, even though some agreements were “unregulated”.
Immotion flags good first-half performance
Virtual reality (VR)-focussed entertainment group Immotion said in a trading update on Thursday that unaudited revenue at its core location-based entertainment business “almost doubled” in its first half to £4. 4m, from £2. 3m a year ago.
Zytronic warns of persistent cost challenges through second half
Touch sensor manufacturer Zytronic updated the market on its trading on Thursday, reporting that the availability and cost of both raw materials and electronic components remained “persistent challenges” in the second half.
Tekcapital's Innovative Eyewear starts trading on Nasdaq
Intellectual property investor Tekcapital announced on Thursday that Innovative Eyewear, a subsidiary of its portfolio company Lucyd, had closed its $7. 35m initial public offering.
Tremor closes $25m investment in Hisense's Vidaa platform
Connected television advertising technology company Tremor International announced the closing of its $25m equity investment in Vidaa on Thursday, satisfied through existing cash resources.
Gattaca confident after strong second half
Engineering and technology recruitment firm Gattaca said on Wednesday that it was expecting group continuing net fee income to have risen 4% year-on-year to £44m for the financial year just ended.
Gooch & Housego warns on profit despite record order book
Photonic components and systems manufacturer Gooch & Housego reported “strong and improving” levels of demand for its products and services in a trading update on Wednesday, with its order book reaching another record level, though it lowered its profit expectations amid a slower-than-expected production ramp-up.
SmartSpace reports solid first-half performance
Workspace management software company SmartSpace said its half-year revenues were expected to be 46% higher year-on-year in a trading update on Tuesday, at £3. 6m.
Spectra gets first order for banknote disinfection system
Authentication and security technology specialist Spectra Systems has received an order for a banknote disinfection system (BDS) to be installed at a central bank in Asia, it announced on Tuesday.
Sopheon inks five-year, $11m deal with US Navy
Enterprise software company Sopheon announced on Tuesday that Team Submarine, a group of submarine programmes within the US Navy’s Naval Sea Systems Command (NAVSEA), would use its flagship ‘Accolade’ product to modernise a number of processes in the engineering and training for new submarines.
Sabien extends deal with COF as it looks to deploy technology
Sabien Technology Group announced that its sales agency agreement with City Oil Field (COF), has been rolled forward for a further 12-month period from 14 September.